FINSUM
How to Use Large Caps to Generate Income
(New York)
The low rate environment has been hard for bond market income investors…see the full story on our partner Magnifi’s site.
Goldman Picks These Stocks for a 100% Rally
(New York)
The recent market turmoil has made some investors skittish over what to do in the stock market. But…see the full story on our partner Magnifi’s site
The Next Big Trend in ESG
(New York)
ESG is an unstoppable trend right now, says Citi…see the full story on our partner Magnifi’s site
Dodge China’s Most Fearsome Regulators With These Funds
(Beijing)
For the average investor the biggest risk exposure is how…see the full story on our partner Magnifi’s site
Gold Poised For a Big Rally
(New York)
Everyone jumped off the three-month gold rally last week after regional Fed President Jim Bullard spoke of tightening in response to the recent CPI releases. This erased over a month of gains in a week as the price sank from $1900 to nearly below $1780. However, the Hulbert Gold Newsletter Sentiment Index which tracks the average recommended gold exposure among a subset of short-term gold timers is at -9.7%. This contrarian take is that gold rallies when this index sinks. The typical threshold for this index is -14.8%, but the dramatic move could be enough to start to buy. This index is one of the key items to watch as the price of gold falls so that you don’t miss the rebound.
FINSUM: Additionally Powell made it very clear that inflation is transitory and Bullard is in the minority on the FOMC. The Fed won’t pull back the reins until inflation is above its long-term goal and persistent.